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Australian dollar, Japanese yen, euro, US dollar and Chinese renminbi. Utilizing a recently developed test procedure which … debated emergence of a yen bloc, euro bloc, or koala bloc. The empirical evidence brought forward in this paper suggests that …
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The debt crisis in several member states of the euro area has raised doubts on the viability of European Economic and Monetary Union (EMU) and the future of the euro. While the launch of the euro in 1999 stirred a lot of interest in regional monetary integration and even monetary unification in...
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This book contains a collection of papers by Japanese and German authors dealing with the ongoing globalization process and notable fluctuations in the regional economic development in East Asia. The contributions discuss the stabilizing and destabilizing elements of the globalization process....
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